Did you know Salem Electric is one of more than 900 electric cooperatives serving 42 million members across 48 states? And that’s just electric co-ops!
Local ownership and control means cooperatives aren’t pressured to generate big dividends for investors. Instead, co-ops try to keep rates low while providing high-quality service, investing money in excess of operating costs back into the cooperative locally, and returning excess margins to members as capital credits.
As locally owned and operated businesses, electric co-ops have a real understanding of the members they serve. We act like neighbors because we are neighbors. Thank you for allowing us to serve you.